Comprehensive Policy Iffco Tokio Motor Insurance

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Motor insurance is one of the most essential purchases for any vehicle owner. As you may already be aware, in India, the Motor Vehicles Act of 1988 mandates a minimum of third-party insurance for motor vehicles. However, it does not provide all-around protection. For this, you need a comprehensive policy, such as the IFFCO Tokio Motor Insurance Comprehensive Policy. Such an insurance policy covers both third-party liability and own damages. Whether you have a new vehicle or you ride it daily, getting comprehensive motor insurance can be quite a smart decision.

In this guide, we will explore all about the comprehensive motor insurance offered by IFFCO Tokio. So, read on to make an informed decision!

Highlights of Comprehensive Policy

Claim settlement Ratio – 95.82%

NCB – Available, up to 50%

Network Garage – 4300+

Road Side Assistance – Available

IFFCO Tokio has a vast list of 4300+ network garages across many cities

Issuing a new policy is just a matter of a few seconds

Get your desired motor insurance policy at affordable premium rates and without any hassle

The claim settlement process is also fast and quick to ensure timely aid to the vehicle owner

Enhance policy coverage with exciting add-ons with the IFFCO Tokio Motor Insurance Comprehensive Policy

You can customise the IDV (Insured Declared Value) according to your preferences.

Get all your insurance related queries answered

Wish to Enhance Your Coverage? Take a look at the Riders Available with the IFFCO Tokio Motor Insurance Comprehensive Policy

Riders enhance the coverage of the policy. It extends the policy coverage in return for the additional premium paid. Check out the add-ons available with the IFFCO Tokio Motor Insurance Comprehensive Policy:

Add-On Covers	Details
Depreciation Waiver Cover	Having a zero depreciation add-on cover means the depreciation cost of your bike shall not be calculated at the time of claim settlement. Thus, it increases the final claim amount
Roadside Assistance	This add-on allows you to access roadside assistance when needed. You can seek services such as towing, flat tyre replacement, battery jump-start, etc. With a roadside assistance add-on
Engine and Gearbox Protection cover	Water ingression or leakage of oil or lubricant can damage the engine and gearbox. Get coverage against such damages with this add-on
Consumable Cover	The cost of consumables, such as grease, bolts, and nuts, is not covered under a motor insurance policy. With a consumable cover add-on, you can get coverage for these items as well
Loss of Key Cover	Losing the key to your vehicle can be quite distressing, especially for a luxury car. With this add-on, your insurer will cover the cost of key replacement
Tyre Replacement Cover	Tyres may get exhausted over time due to punctures, bursts, cuts, bulges, or accidents. So, in such a case, your insurer will cover the cost of tyre replacement
Electrical & Non-electrical item cover	Get advanced coverage for both electrical and Non-electrical parts without any burden on your pocket
Towing Charges	In case of towing done, you can raise a reimbursement claim for the same with this add-on

IFFCO Tokio Motor Insurance Comprehensive Policy Highlights

The IFFCO Tokio Motor Insurance Comprehensive Policy has a lot to offer. Check out the plan details briefly mentioned in the table below:

Particulars	Details
Policy Name	IFFCO Tokio Motor Insurance Comprehensive Policy
Insurance Company	IFFCO Tokio General Insurance
Coverages	Third-party liability Own damages
Cashless Garages	4300+
Agents	20,000+
Personal Accident Cover	Up to ₹15 lakhs
Add-Ons	Depreciation Waiver Cover (Zero Depreciation Cover) Roadside Assistance Engine and Gearbox Protection cover Consumable Cover Loss of Key Cover Tyre Replacement Cover Towing charges Electrical & Non-electrical item cover
Claim Settlement Ratio	89.37% as released in 2025
Suitable For	Cars Two-wheelers Commercial vehicles
Online Support	24/7

Features and Benefits of the IFFCO Tokio Motor Insurance Comprehensive Policy

With a comprehensive motor insurance policy like IFFCO Tokio Motor Insurance Comprehensive Policy, you can stay relaxed and stress-free. IFFCO Tokio is there to take care of the necessities of your vehicle. Check out some of the exciting features and benefits of the policy:

Wide Coverage

One of the prominent features of the IFFCO Tokio Motor Insurance Comprehensive Policy is its broad coverage. From protection against theft to security against natural disasters, from third-party liabilities to coverage for your vehicle’s damage, the policy offers comprehensive coverage.

Accidental Damages

Accidents not only cause damage to property but may also physically harm the driver. As a comprehensive insurance policy, personal accidental damage to the driver is also covered under this policy. One can get a coverage of up to ₹15 lakhs.

The Choice of Customisation

Several add-ons are available with the IFFCO Tokio Motor Insurance Comprehensive Policy. So, you can easily customise the base policy with these add-ons. Smart choices can lead to a more comprehensive policy at affordable rates.

Cashless Services Available

IFFCO Tokio has a cashless network of 4300+ garages across India. So, customers can seek cashless repair services at any of these network garages. The insurer directly settles the bills with the garage, without the policyholder having to pay out of pocket.

Peace in Times of Need

Motor insurance is the much-needed peace in times of need. In case of an accident, theft, or damage to the vehicle, you know your insurer is there to take care of it. You need not worry but just focus on getting the repairing done.

Quick Policy Purchase and Claim Settlement

IFFCO Tokio ensures quick claim settlement and instant policy purchase, providing a hassle-free experience for its customers. With a few clicks, you can purchase the policy 24/7 from anywhere, anytime. Raising a claim is equally easy.

IFFCO Tokio Motor Insurance Comprehensive Policy: What is Covered?

Take a look at the coverage you get to enjoy with the IFFCO Tokio Motor Insurance Comprehensive Policy:

Third-party Liability Cover

The policy also the mandatory third-party liability coverage. In case of an accident, damages caused to a third-party property or person will be covered by your insurance provider. This is a huge relief. Additionally, since the Motor Vehicles Act of 1988 mandates third-party liability coverage, this policy also addresses the legal aspects.

Own Damage Cover

A comprehensive motor insurance covers the own damages of the insured vehicle. In the event of an accident, theft, fire, disaster, or other similar incident, your insurer will be there to cover the resulting losses. Damages occurring from natural disasters like floods, cyclones, and earthquakes are also covered. In the event of theft or total loss of the vehicle, you will receive the IDV amount as compensation, as agreed upon during the policy purchase.

Personal Accident Cover

Any medical expenses incurred due to the driver's injuries caused by an accident are also covered.

IFFCO Tokio Motor Insurance Comprehensive Policy: What is Not Covered?

Not everything can be covered in a comprehensive motor insurance policy. These are termed as exclusions of the policy. Exclusions of the IFFCO Tokio Motor Insurance Comprehensive Policy are:

Use of Substance

If the driver is found to be driving the vehicle under the influence of drugs, alcohol, or other substances, the claim may be rejected. So, it is important to avoid drinking and driving or using substances while driving.

Damages/Accidents Outside India

The IFFCO Tokio Motor Insurance Comprehensive Policy is applicable only within Indian boundaries. Therefore, accidents or damages that occur outside of India are not covered under the policy.

Illegal Driving

If the driver is found to be driving without a valid driving license, the claim may be rejected. Participating in illegal driving or racing is not covered under the policy.

General Wear and Tear

A vehicle may sustain general wear and tear over time. Such damages or losses to the vehicles are not covered in the IFFCO Tokio Motor Insurance Comprehensive Policy.

War Damages

War or riots may cause damage to both property and persons. However, these are human-caused situations. Hence, such conditions are not covered in a comprehensive motor insurance policy.

Pros & Cons of Comprehensive Policy - Iffco Tokio Motor Insurance

With Iffco Tokio comprehensive vehicle insurance policy, you get coverage against damages caused by natural calamities such as flood, storm, lightning, earthquake, landslide and so on.

The plan also offers coverage against damages caused by manmade disasters such as burglary, accidental damages, theft etc.

The comprehensive plan will give you 24X7 protection on road side support

You also get coverage against any damages caused to vehicle accessories both electrical as well as non-electrical

The plan allows policyholders to avail the facility of cashless garages in over 4300+ garages that are tirelessly working to offer hassle-free facility to policyholders

Further, coverage is also offered on CNG/LPG fuel kit (in case of four-wheeler)

When it comes to exclusions, the plan doesn’t allow coverage on wear and tear and general depreciation of your vehicle

Any electrical or mechanical breakdown of the vehicle is also not covered under the plan

If your vehicle damage is caused due to the car/bike being driven while the driver/rider is under the influence of drugs, alcohol etc., the plan doesn’t compensate for the same

Damages on a vehicle caused due to commercial use of the vehicle or due to racing, speed testing etc., are also not included under the policy

Any loss of accessories caused to your vehicle is also not covered under the comprehensive motor insurance policy

Our Verdict on IFFCO Tokio Motor Insurance Comprehensive Policy

IFFCO Tokio has been in the market for over 23 years. With a vast customer base and years of experience, IFFCO Tokio aims to offer high-quality and quick services. It's just a matter of a few clicks to purchase the policy or file a claim. With over 4300+ network garages, you may access cashless services to get your repair work done. The company has a claim settlement ratio of 89.37%, indicating its ability to settle the majority of claims raised.

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Iffco Tokio Motor Insurance
Insurance Company

IFFCO Tokio General Insurance Company was incorporated as a joint venture company between Tokio Narayan Group, Japan’s largest insurance group and the Indian Farmers Fertilizers Cooperative Limited (IFFCO), the largest fertilizer manufacturer in the world with 49% and 51% stake respectively. IFFCO Tokio General Insurance offers a comprehensive range of products for all lines of business such as two-wheeler insurance, travel insurance, health insurance, home insurance and car insurance including various corporate policies like liability insurance and property insurance.

Founded In

2000

Number of Claims Incurred

1,372,449

Turnover (GWP)

INR 10,021 crore

JV Partners

Tokio Narayan Group & The Indian Farmers Fertilizers Cooperative Limited

Claims Experience

Claims Experience Rating 4.7

Claim Settlement Ratio (No. of claims)

95.82%

Network Garage

4300+

Number of Claims Incurred

1,372,449

Benefits of Iffco Tokio Motor Insurance - Comprehensive Policy


Own Damage Cover	Coverage Available
Convenience	Easy and quick repairs available
Network Garage	Available
Claim Settlement	Fast and hassle-free
Add-on cover	Available
NCB benefits	For every claim-free year

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Your vehicle insurance premium depends on different things like the engine CC, fuel type, place you bought the policy from, and cost of the vehicle, among others. Another important factor is the mode of purchase that is whether you bought the vehicle insurance via online or offline mode.

Network garages are garages or service stations where the damages caused to your vehicle can be repaired without paying any money from your pocket. So, under cashless claims the insurer makes the payment of the claim directly with the network garage and hence the policyholder can get the repairs done in a cashless mode.

The first and the most important reason why you need a car insurance policy is because the government has made it mandatory for every vehicle owner to have a car insurance policy. Another reason to have a car insurance is to protect your vehicle from any significant damage causing you financial losses.

You can use the official website of the insurer or can claim using their app to make sure that you get compensation in no time. Alternatively, you can get in touch with the insurer after an incident or damage. You will have to fill a claim form and submit it together with the necessary documents to make a claim.

Yes, a comprehensive motor insurance policy is a smart decision. It covers not only the legal obligations of a third-party liability policy but also provides comprehensive coverage for the insured vehicle. Thus, it is a 360-degree motor insurance policy.

Yes. NCB or No Claim Bonus is rewarded when you do not raise any claim in a policy year. In case you decide to switch your old insurer to, say, IFFCO Tokio, the NCB will also be transferred without any effect on it.

Add-ons charge an extra premium, and so people may wonder if it's a good idea to purchase them. Well, depending on your needs, you may purchase add-ons as these only increase the coverage and scope of the policy. Since not everything is covered in a policy, it is a good idea to purchase a few add-ons for additional coverage.